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    4800-30 Lakewood Dr Waco, TX 76710

    For Sale
    $3,750,000

    Office - Waco, TX

    Type:Office
    Lot size:
    2.18 Acres
    Days on Market:
    91
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 4800-30 Lakewood Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    180645 180644
    Lot size
    2.18 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1978
    Flooring type
    Carpet, Tile, Vinyl
    Building materials
    Brick, Concrete
    Architectural style
    Other

    Regency Park Properties LLC (254) 777-8510

    Listing agent John Derrick (254) 777-8510 License #407406

    Listing date Sep 12, 2025

    MLS# 21055384 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waco Multi-Tenant Office Portfolio

    This is an exceptional opportunity to acquire a 31,000 SF multi-tenant office portfolio located in the fast-growing I-35 corridor market of Waco, Texas. The property is 100% occupied with a diversified tenant mix, providing immediate income and long-term stability. The property is priced well below replacement cost, offering strong rent growth potential. The portfolio's central location provides excellent visibility and accessibility, making it a strong fit for a wide range of users. This asset is well-suited for local and regional investors, 1031 exchange buyers, or owner-occupants planning for future expansion. With Waco's steady economic base and strategic position along the I-35 growth corridor, this offering delivers both dependable cash flow and future upside. The property is located at 4800-30 Lakewood Drive, Waco, TX 76710 and is situated on a 2.18-acre lot.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.189067
    Latitude
    31.537163

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    FAQs

    What type of property is this?
    Office building - 100% leased office portfolio in Waco's I-35 corridor.
    Where is this office building located?
    The property is located at 4800-30 Lakewood Dr Waco, TX.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: - 100% Leased Multi-Tenant Office Portfolio: Provides immediate income and long-term stability.; - Located in Waco's Fast-Growing I-35 Corridor: Offers excellent visibility, accessibility, and future growth potential.; - Priced Below Replacement Cost: Represents a strong investment opportunity.
    (254) 777-8510
    Request Owner's contact information
    4800-30 Lakewood Dr Waco, TX 76710
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4800-30 Lakewood Dr Waco, TX 76710
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